Market Volatility Follows Earnings Miss and Jobs Report; May CPI Data to Be Key Test

The S&P 500's nine-week winning streak ended after Broadcom missed earnings expectations, followed by a strong jobs report that erased $1.4 trillion in market value. The upcoming May CPI data on Wednesday is critical for determining whether the bull market resumes or faces further correction.

By Rich Duprey Mon, June 8, 2026 at 5:16 PM GMT+3 6 min read · Yahoo Finance ·

Market Volatility Follows Earnings Miss and Jobs Report; May CPI Data to Be Key Test

Tickers: $AVGO

Topics: bull market earnings report Federal Reserve inflation S&P 500

Read the full article at Yahoo Finance

More World news